ESMA publishes the responses received to the consultations on certain aspects of the MiFID requirements for suitability and compliance -continued

February 29, 2012--The responses to the consultation paper on certain aspects of the MiFID requirements for suitability are available here.
The responses to the consultation paper on certain aspects of the MiFID requirements for the compliance function are available here.
Source: ESMA

Europe ETP News
ZyFin lists Indian equity ETF on the LSE, Deutsche
September 22, 2016--Asset manager ZyFin Holdings Pte Ltd has announced the listing of Europe's first physically replicated Indian equity ETF.
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The City's Brexit strategy faces hurdles
September 22, 2016--The UK's Brexit strategy for the City of London is quietly taking shape.
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State Street and Bloomberg tie up to add zip to bond ETFs
September 22, 2016--A product that helps link buyside and sellside to help navigate low-liquidity bond markets is being launched in Europe after signing up big fund managers in the US.
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Unscheduled adjustment in SDAX
September 21, 2016--Adjustments to the free float of CHORUS Clean Energy AG/ Changes to be effective as of 26 September 2016
On Wednesday, Deutsche Börse announced an unscheduled adjustment to the free float of CHORUS Clean Energy AG in SDAX.
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Amundi ETF expands further into retail market by extending its physical ETF range to develop ETF-based solutions for distributors
September 21, 2016--Amundi ETF, Europe's fifth largest ETF provider1, expands further into the European retail market by extending its physical ETF range to develop ETF-based solutions.
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Official Statistics: Forecasts for the UK economy: September 2016
September 21, 2016--Forecasts for the UK economy is a monthly comparison of independent forecasts.
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ESMA consults on trading obligation for derivatives
September 20, 2016--The European Securities and Markets Authority (ESMA) has published today a discussion paper regarding the trading obligation under the Markets in Financial Instruments Regulation (MiFIR).
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Five new BNP Paribas ETCs from energy commodities sector launched on Xetra
September 16, 2016--Five new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra and Börse Frankfurt since Friday.
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LSE August 2016 ETF & ETP Monthly Report
September 16, 2016--Listings
3 new ETFs/ETPs listed on London Stock Exchange in August. 91 new ETFs and 9 new other ETPs have so far listed in 2016.
There are now 897 ETFs (available as 1,350 lines through multi-currency offerings) and 402 other ETPs (available as 461 lines) on our London market.
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Lyxor-How can investors enhance return from their portfolio
September 15, 2016--This new environment obviously calls for new forms of asset allocation in order to generate performance. In addition, significant recent developments in financial theory allow for better, more specific answers to investors' expectations.
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THEAM aims to triple assets under management in ETFs by 2020
September 15, 2016--THEAM, BNP Paribas Investment Partners' specialist in capital-protected, indexed and model-driven management, has unveiled a new strategic plan for its indexed fund activities, confirming its intention to double assets under management in indexed funds and triple those of exchange-traded funds (ETFs) by 2020.
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BNP Paribas Easy launches 16 new ETFs on Xetra
September 15, 2016--Sixteen new exchange-listed equity index funds issued by BNP Paribas Easy have been tradable via Xetra and Börse Frankfurt since Wednesday.
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UK dark pools and reference prices
September 15, 2016--There is evidence that major UK dark pools sometimes experience delays in receiving prices, but overall, the costs associated with inferior reference prices are small, and do not outweigh the useful service dark pools provide, according to new analysis by FCA economists Matteo Aquilina and Peter O'Neill and academics Sean Foley and Thomas Ruf.
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Packaged retail investment products: Parliament returns draft law to Commission
September 14, 2016--Draft legislation designed to protect retail investors was rejected by MEPs on Wednesday as so "flawed and misleading" that it could actually lose them money. Unusually, it will be returned to the EU Commission for revision.
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Lyxor research highlights the growing role of Smart Beta in new investment strategies
September 14, 2016--Lyxor Asset Management today unveils the results of a new wide-ranging study that compares the performance of European domiciled active funds with that of their benchmarks.
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Solactive launches european quality market neutral index-Licensed to Natixis
September 14, 2016--Solactive is announcing the launch of the Solactive European Quality Market Neutral Index licensed to Natixis. The index is to be used as an underlying for structured products issued by Natixis.
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iShares launches first ETFs on innovative sector indices in iSTOXX FactSet Thematic index family on Xetra
September 13, 2016--ETFs track themes: Automation & Robotics, Breakthrough Healthcare, Digitalisation and Ageing Population
Four new sector ETFs issued by BlackRock have been tradable on Xetra and Börse Frankfurt since Tuesday.
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Xetra-Gold exceeds 100 ton mark in gold holdings
September 13, 2016--The gold held in custody by Deutsche Börse Commodities GmbH for the purpose of physically backing the Xetra-Gold bearer note has risen to a new record high of 100.7 tons, an increase of approximately 70 per cent since the beginning of the year.
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Borsa Italiana: ETFstat August 2016
September 13, 2016--New Listing
5 new instruments were listed on ETFplus market
At the end of August there were listed 1137 instruments (706 ETFs, 301 ETCs/ETNs and 130 open-end CIUs)
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Newly launched iSTOXX FactSet thematic indices to underlie four exchange-traded funds
September 12, 2016--STOXX Ltd., the operator of Deutsche Böerse Group's index business, and a global provider of innovative and tradable index concepts, today announced that the newly launched iSTOXX FactSet Thematic Indices that capture megatrends in investing have been licensed to iShares to underlie four exchange-traded funds (ETFs).
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London Stock Exchange Request For Quote -ETFs & ETPs-Go Live December 2016
September 12, 2016--Complimentary RFQ Trading for 6 months
RFQ trading will be complimentary for the first 6 months from launch.
RFQ functionality set to be available from end of December 2016.
Customer testing of RFQ available from October 2016.
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UK to approve insurance-linked securities
September 11, 2016--The UK government has moved to boost London's position in the insurance world by pressing ahead with new rules designed to attract one of the fastest growing parts of the market.
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Funds with performance fees come under fire
September 9, 2016--Eight out of ten UK funds that charge to beat a benchmark have failed to beat the market.
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New ETF Listing on Euronext
September 9, 2016--Euronext is pleased to announce that PowerShares will list 1 new ETF on 12/09/2016 :
ISIN: IE00BD0Q9673
ETF Trading name: PS US HYFA
ETF Symbol: HYFA
Venue: Euronext Paris
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Britain's first post-Brexit budget due in November
September 8, 2016--The British government will in November present its first budget since the country voted to leave the European Union, the Treasury announced on Thursday.
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ECB-Monetary policy decisions
September 8, 2016--At today's meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
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MOVES-UBS Asset Management names Pedro Coelho head of UBS ETFs Spain
September 8, 2016--UBS Asset Management, the asset management division of UBS Group AG, named Pedro Coelho head of UBS ETFs Spain, responsible for business development.
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German growth expected to halve in 2017 as Brexit bites
September 8, 2016--German economic growth will nearly halve in 2017 as Brexit and other risks hit exporters, the DIW institute said on Thursday, although it predicted a pick up to 1.9 percent this year due to strong domestic demand.
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New db x-trackers bond index ETF on Asian corporate bonds ex Japan tradable on Xetra
September 8, 2016--Investment-grade bonds denominated in US dollar
A new db x-trackers ETF from the Deutsche Asset Management ETF product family has been tradable in Deutsche Börse's XTF segment via Xetra and Börse Frankfurt since Thursday.
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QE extension risks reopening ECB rifts
September 7, 2016--Germany sceptical of moves to prolong asset purchase scheme.
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Corporate Europe Embraces Bonds as Yields Plunge to Record Low
September 7, 2016-Another 2.1 billion euros of sales added to week's tally
Negative yields have spread to non-financial euro bonds
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WisdomTree promotes from US office for European distribution head
September 7, 2016--ETF sponsor WisdomTree has promoted Morgan Lee from its US office to become head of distribution for its European operations.
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Unscheduled adjustment in DAX
September 7, 2016--Adjustments due to spin-off of Uniper SE from E.ON SE/DAX calculation on 12 September with 31 companies On Wednesday, Deutsche Börse announced an unscheduled change to the DAX index.
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Lyxor-ETF Barometer-August 2016
September 7, 2016--European ETF Market flows slowed in August 2016. NET NEW ASSETS (NNA) during this month amounted to EUR4.7bn, still 21% above the one-year monthly average level.
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Eurex's former innovation head joins board of blockchain startup
September 7, 2016--A former chief innovation officer at Deutsche Börse-owned derivatives exchange Eurex has joined the advisory board of a London-based startup that is developing blockchain solutions for the settlement and safekeeping of securities.
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New Brent Crude Oil ETC from BNP Paribas launched on Xetra
September 6, 2016--ETC provides access to the Rogers International Commodity Enhanced Indices (RICI) commodity index family
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Companies Get Paid to Borrow as Global Bond Binge Resumes
September 6, 2016--Sanofi, Henkel issue debt with yields less than zero
U.S. bond sales push year-to-date issuance past $975 billion
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Solactive launches Global Ethical Low Volatility AR EUR Iindex-licensed to Commerzbank
September 6, 2016--Solactive announces the release of the Solactive Global Ethical Low Volatility AR EUR Index, which tracks the performance of companies that display strong environmental, social and governance (ESG) standards and low volatility characteristics.
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HMT statistical release: UK official holdings of international reserves
September 5, 2016--Updated: UK official holdings of international reserves: August 2016
Monthly statistical information on UK official holdings of international reserves
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National Statistics: UK official holdings of international reserves: August 2016
September 5, 2016--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets. These consist of gold, foreign currency assets and International Monetary Fund assets.
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Monday Morning Memo: Securities lending remains a hot topic in the European ETF industry
September 5, 2016--After iShares-the exchange-traded fund (ETF) arm of the world's largest asset manager, BlackRock-announced last year that it has scrapped its self commitment on the percentage of securities held by the firm that can be lent to third parties, Vanguard announced recently that it also will increase its involvement in securities lending.
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Euro-Area Growth Slows to Weakest in 19 Months Ahead of ECB
September 5, 2016--PMI survey shows weaker German expansion dragging on region
ECB's Governing Council meets on Sept. 7-8 in Frankfurt
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S+T AG and Leifheit AG to be included in selection indices of Deutsche Borse
September 5, 2016--S+T AG and Leifheit AG to be included in selection indices of Deutsche Börse
Deutsche Börse reviews index composition/Changes to be effective as of 19 September 2016
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Invesco PowerShares launches 'fallen angels' ETF
September 5, 2016--Invesco PowerShares is today listing a "fallen angels" ETF on the London Stock Exchange focused on US high-yield bonds with further listings across Europe to launch next week.
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BMO GAM appoints State Street's Cantrell to lead UK ETF sales
September 5, 2016-BMO Global Asset Management has hired Christine Cantrell from State Street as sales director for UK ETF sales.
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ECB's QE bond buying hits euro1 trillion milestone
September 5, 2016--The European Central Bank's quantitative easing program passed a milestone last week, topping 1 trillion euros in purchases after 18 months of aggressive bond buying.
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Turnover in excess of EUR 6.5 billion generated by Boerse Stuttgart in August
September 2, 2016--Trading volume up on previous month//Significant increase in turnover in investment products //Debt instruments (bonds) and equities also record growth
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ETF Securities converts first Global Robotics & Automation ETF in Europe to physically-backed and reduces TER
September 1, 2016--Move in response to investor appetite for physically-backed exposure to robotics and automation sector
TER cut from 95bps to 80bps for first UCITS ETF providing exposure to global robotics and automation sector, reflects investment theme becoming mainstream
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WisdomTree introduces yuan share class for S&P China 500 ETF
September 1, 2016--Exchange-traded fund provider WisdomTree has introduced a yuan share trading class for its recently launched London Stock Exchange-listed ICBCCS WisdomTree S&P China 500 UCITS ETF.
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Schaeuble Pushes Financial Transaction Tax in Election Move
September 1, 2016--Coalition agreements in Berlin, Vienna keep tax plan on table
Talks seen dragging on even if no deal is reached in October
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Eurex: Trading statistics August 2016
September 1, 2016--In August 2016, the international derivatives market Eurex, part of Deutsche Börse Group, recorded an average daily volume of 4.1 million contracts (August 2015: 5.8 million).
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The Spanish Stock Exchange traded euro31 billion in August
September 1, 2016-Improvement of IBEX 35 spread in relation to previous months
The equity trading volume in the first eight months of the year came in at €471 billion
The number of trades until August reached 37.7 million
Trading volume in IBEX 35 Futures up to August was down 11% year on year
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Moscow Exchange introduces changes to the market making programme for equities and Eurobonds
September 1, 2016--As of 1 September 2016, Rosneft (ROSN) and VTB (VTBR) ordinary shares will be added to the market making programme, while Surgutneftegaz (SNGSP) and Sberbank (SBERP) preferred shares will be excluded.
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Revised lists of the Moscow Exchange Indices announced
September 1, 2016--Moscow Exchange has revised the constituent lists of the Moscow Exchange Indices as well as free floats effective from September 16 to December 15, 2016.
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Turnover at Deutsche Borse's cash markets at 93.3 billion euros in August
September 1, 2016--Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €93.3 billion in August (August 2015: €142.3 billion).
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S&P Dow Jones Indices Market Attributes: Europe Index Dashboard
August 31, 2016--August proved to be a positive month for European equity indices; all our regional benchmarks rose.
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ETFGI reports assets invested in ETFs/ETPs listed in Europe reached a new record of 539 billion US dollars at the end of July 2016
August 30, 2016--ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported assets invested in ETFs/ETPs listed in Europe reached a new record of US$539 billion at the end of July 2016.
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Euro zone banks have too much cash for their own good
August 30, 2016--Excess liquidity to hit 1 trillion euros for first time
Negative deposit rate has cost banks 2.6 bln euros.
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ESMA sees risk outlook deteriorate for EU securities markets
August 30, 2016--The European Securities and Markets Authority (ESMA) latest risk report has found that the overall assessment of risk levels in EU markets under its remit remains unchanged.
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ESMA Report on Trends, Risks and Vulnerabilities
August 30, 2016--ESMA has published the Report on Trends, Risks and Vulnerabilities No.2, 2016 report
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